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Campground Plus Acreage
Location: United States -> North Carolina
Industry: Hotels and Holiday Accommodation > Camping and Parks




Business Summary

RV Park - 42-Lots on 144 Acres Located in Eastern NC

In business for over 10 years, this successfully run campground is located on approximately 15 acres (out of 144 acres total), has 42 sites and boasts an occupancy rate consistently of over 95%, most of which are rented on a month-to-month term, as these customers are traveling independent contractors paying a flat reoccurring fee.

This location is a great stopping point for travelers on the way to or returning from the North Carolina beaches/coast.

The upside on this listing is the obvious expansion of the campground, in addition to potential development of the adjacent acreage into a subdivision, mobile home/manufacturing community or other.

Directly across the street is a western theme and full-service restaurant that is a regional attraction both within eastern NC and with travelers and tourists.

Purchased and developed in 2009, this campground has been in successful operation for over 10 years with a loyal and repeat customer base. Over the years, the site has evolved where the occupancy is made up of primarily traveling independent contractors, as this location is strategically located in the eastern part of North Carolina for both workers and travelers.

The existing swimming pool, which is adjacent to the lodge/store, is now filled in with sand and covered, although it could be converted to operational use in the future if and when the campground expands in order to justify the expense of operating a pool.

The lodge/store, which has a full kitchen, office, restrooms and recreational area for parties is estimated to be about 2,850 sq. ft.

If the campground physically had more sites, more spaces could be rented either daily or monthly to realize a significant increase in income.

At present, 15 acres is for the Campground, 50 acres for the Timber Farm and 79 acres is cleared farm land..


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $139,187
Cash Flow:   $39,860
Cash Flow Type:  Sellers Discretionary Cash
Inventory:  $119,677
Seller Financing:  Not Disclosed

About The Business

Year Established:  2009
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  Not Disclosed
Current Real Estate:  Leased
Property:  Property For Lease

About The Sale

Management Training and Support:  1 week
Reason For Selling:  Retiring

Photos

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Campground Plus Acreage Photo 1




Print Listing Id: 700343011
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > North Carolina Businesses For Sale > North Carolina Franchises For Sale > North Carolina Business Brokers



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